Friday, January 2, 2009

The Deadweight Loss of Brett Favre

Stephen J. Dubner in the Freakonomics column of The New York Times on the jersey market.
it is also unlikely many Jets fans will have fond feelings for Favre any time soon. So it is hard to imagine too many of them buying a Favre jersey again, ever.

And what about wearing the jerseys they’ve already bought? Psychologists have noted a pair of phenomena related to this question: Basking in Reflected Glory (BIRGing) and Cutting Off Reflected Failure (CORFing). This boils down to the fact that people like to wear a team’s jersey after the team wins (that’s a BIRGer binge) and they like to bury a team’s jersey deep in the closet after the team loses.

There might have to be a separate category for a Jim McMahon Packer jersey.

(via Just One Minute)

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